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Property profile & analytics
OFF-MARKET
Land

9140 Harrison Park Dr Indianapolis, IN 46216

0.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Indianapolis, Indiana. The property comprises three parcels totaling approximately 2.85 acres, strategically located at 9140 Harrison Park Drive, zip code 46216, within Marion County. Parcel sizes range from 0.6 to 1.25 acres (one parcel is pending sale). The land is zoned DP (Planned Development), allowing for a variety of potential uses. This prime location boasts exceptional visibility and accessibility, with exposure to over 43,220 vehicles daily. Its adjacency to the Major General Emmett J. Bean Federal Center, a substantial 1.6 million square foot facility employing over 5,000 people, provides a significant built-in customer base. Furthermore, the property is situated directly across from Lawrence Village at the Fort, a 100-acre mixed-use development featuring residential, retail, office, and entertainment spaces. Nearby amenities include Fort Harrison State Park, Ivy Tech Community College, a YMCA, the Indiana National Guard, and Lawrence Community Park & Soccer Fields, enhancing the area's appeal and potential for future growth. This is an ideal opportunity for developers seeking a high-traffic, well-located site with significant development potential in a thriving community.

Property profile
Verified
Property type Land
Lot 0.6 ac (26,136 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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